March 28, 2019

Smart Contracts – A use case for real estate

March 28, 2019 boss

Blockchain- I hear this word and my mind automatically conjures up images of huge iron blocks linked together by heavy chains- perhaps subconscious visualization of anchor chains from my days in the Merchant Navy more than two decades ago. Metaphorically close enough actually- Think of blockchain as a huge, digital anchor cable- a bunch of data stored in pieces called blocks that are linked securely using cryptographic code. Today blockchain has become like what the Internet was in the mid and late nineties- Most have heard of it, few know…

Exchange KuCoin Enables Credit Card Purchases of Crypto

March 28, 2019 boss

Singapore-based crypto exchange KuCoin has partnered with Israel-based payment processing company Simplex to let its users purchase crypto via credit card, an official announcement revealed on March 27. The exchange has already added the service to its assets page, the announcement reports. Now users can purchase Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash ABC (BCHABC) and Litecoin (LTC) for both dollars and euros. The service is reportedly available in more than 100 countries. As the release notes, Simplex — which also has offices in the United Kingdom, U.S. and…

CEOs of Mastercard and Wells Fargo Concur on Blockchain’s Long Term Potential

March 28, 2019 boss

Top execs at Mastercard and Wells Fargo agreed that blockchain technology has long-term potential, but it has not been realized to date, CNBC reports on March 28. Wells Fargo CEO Tim Sloan and Mastercard CEO Ajaypal Banga concurred that the potential of distributed ledger technology (DLT) is yet to pay off, but that there are still no clear business use-cases as of now. The executives made their comments to CNBC at the Fintech Ideas Festival on Wednesday. Wells Fargo’s CEO emphasized that the technology has been very slow to roll…

Tron Acquires Blockchain App Store CoinPlay

March 28, 2019 boss

The Tron Foundation, the firm behind TRX, the 11th top crypto by market cap, has acquired blockchain app store CoinPlay, Tron’s CEO, Justin Sun, tweeted on March 28. With the new acquisition, Tron intends to contribute to the aggregation of a wide range of blockchain apps and decentralized applications (DApps) on one platform, eliminating the need to look up those apps at conventional app stores, according to the announcement on Tron’s blog. CoinPlay reportedly offers a variety of blockchain software and games, as well as practical guides, browser navigation, ratings and…

Economist Blasts Crypto Trading Fees, Calls Trading Platform eToro a ‘Ripoff’

March 28, 2019 boss

If you haven’t noticed, crypto exchanges have been making money hand over fist despite the crypto winter. Economist and trader Alex Kruger apparently did and started a conversation about crypto exchange fees, posing the question of whether customers are being overcharged. In a comparison of crypto trading fees versus that of stocks and foreign exchange, crypto exchanges are the worst offenders. While social trading platform eToro supports cryptocurrency, including a recent expansion into the U.S. market, the Tel Aviv-based company was missing from his list. Nonetheless, Kruger, who boasts a…

Economist Blasts Crypto Trading Fees, Calls Trading Platform eToro a ‘Ripoff’

March 28, 2019 boss

Blockchain-Based Project Launches Beta Version of Content Exchange Platform

March 28, 2019 boss

Content Exchange Platform Seeks to Protect Artists’ Copyrights via Blockchain Decentralized project ContentsDeal is a content exchange platform that enables users and creators (e.g., singers, artists, writers, etc.) to trade and distribute genuine, exclusive content transparently via blockchain. By simplifying the complex distribution structure of copyrights in today’s entertainment industry, ContentsDeal ensures fair profitability to artists, content creators as well as contributors to the network, the team emphasizes. All the parties involved can leverage blockchain encryption to make sure transaction information, payments and membership are kept safe and secure on…

Blockchain-Based Diamond Exchange Cedex to Start Trading Diamonds Worth $50 Million

March 28, 2019 boss

Blockchain-enabled diamond exchange Cedex has secured more than 6,000 diamonds worth over $50 million that will be traded on its platform, Finance Magnates reported on March 27. Per the report, citing a press release from the firm, the supply is meant to ensure that traders have a sufficient variety of options from the launch of its diamond-backed Exchange Traded Fund (ETF), which the company is reportedly developing. The report claims that Cedex’s ETF would be the first of its kind and that it will be ‘generic’ in nature. The report…

Speak Out: Discussing Your Experience in Crypto

March 28, 2019 boss

Sooner or later, we all have to deal with negative events in our lives, and crypto is not an exception. Everyone has made a bad trade, lost private keys to their wallet or hodled too long at some point. Today, we invite you to discuss your unfortunate experiences in the world of crypto. Let us know what your biggest crypto fail is in the comments below! Original

UTrust’s CIO On What Will Drive Bitcoin Past $20,000 Once Again

March 28, 2019 boss

Filipe Castro is a long-time Bitcoin fanatic that decided to run with a dream, founding leading crypto startup UTRUST alongside a partner. At Token2049, NewsBTC got a chance to sit down with Filipe to discuss a number of subjects, including his thoughts on adoption, a possible bottom in the value of cryptocurrencies, and how his firm is moving towards becoming the PayPal of this industry. There’s A Bitcoin Downturn, But How Are Fundamentals? NewsBTC: All right. So, NewsBTC editor Joseph Young argues that by many measures, this crypto winter has…